What are project milestones, and why are they so important? Establishing a project schedule with milestones (key steps/goals to achieve) is the backbone of every project. Describing each part of the plan is plain sailing. The trick is to bring each completion and achieve the intended results. When we manage to complete a given stage successfully – we reach a milestone of the project. In today’s article, we would like to discuss and provide some tips and tricks on how to establish and carry out project milestones, so take a minute and have a read!
As far as the definition itself is concerned, a milestone is – one could say the -a single event in the schedule. Each time, it refers to a key step that makes up the whole endeavor, e.g.
We can easily enumerate plenty of similar examples, but the point is to illustrate the definition of a milestone concerning management methods.
Each milestone must mark the completion of a particular part of work and the beginning of the next. Let’s take a specific example, a project entitled. “Writing an undergraduate thesis.”
Stage 1: Selecting a topic, having it approved by the supervisor:
Stage 2: Literature of the subject and the object
Stage 3: Writing the thesis according to the guidelines
Stage 4: Promoter’s amendments
Stage 5: Reviews
Stage 6: Verification
Stage 7: Finished thesis
The thought process structured in this way illustrates well the progression of achieving each milestone.
Milestones are certainly one of the most useful project management techniques. They stand out from all the others mainly because they are schematic, and sticking to their assumptions has a beneficial effect on developing organizational skills like meticulousness, planning and a realistic professional approach to work, to name a few.
Read: Project Planning – 5 Things You Need to Know Before a Project Starts
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Author: Caroline Becker
As a Project Manager, Caroline is an expert in finding new methods to design the best workflows and optimize processes. Her organizational skills and ability to work under time pressure make her the best person to turn complicated projects into reality.
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